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20131105
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, and it goes into grocers and people that produce the food, that ship the food and gets in the economy and helps the economy in general. it is going to hurt memphis and my community and the economy here. >> the amount being cut is an amount that was increased in order to help stimulate the economy. we're talking about children, seniors, and veterans. why are we seeing such large numbers of people on the programs? critics also say that part of the problem is that states have gone too far in relaxing the requirements to determine who gets the benefits. >> in my community i see vast despair ransy in health. for a family of four it's like $32 that will be cut. that's breakfast for some of the people that caused the recession going down to one of the hotels in new york. one day. the disperrensy is unbelievable. it's $1.50 per feel that people get. this will cut it to $1.40. and that is cruel and wrong. and people don't see the poor in our nation so much. people in new york they ride in the cabs and from the battery and midtown, and they don't get to harlem. the fact is, half of the people t
economy. now while we're one step closer to the end goal, most agree we have heavy lifting before this conference. i serve as a chairman of the house agriculture subcommittee on conservation energy and forestry with jurisdiction over titles 2, 8, and 9. at the subcommittee we spent years examining the 2008 farm bill along with the range of other issues under the purview. i'm proud of the product put forward and passedded out of the house. tho this work, we made improvements with a name towards efficiency and value. reforms under all three titles create savings while improving outcomes. while many areas are similar to the senate bill, a number of are different including provisions to address areas that our national forest system affected by invasive species and fire damage. the house and senate addressed the matter through different means. it's my hope through legislation we promote the health and well being of the national forest system as effectively as possible. the preferred language in title 9 # or referred to as the fairness act, bipartisan support, congressman and i along wi
did not want. this matters, obama care affects one- sixths of the u.s. economy. not to mention your own economy. why healthcare.gov is going off line again. >> one of the nation's busiest airports is in the seen. >> it is like a dream. it was not real. it was so intense and not normal to hear that. >> the attack like this tests our resolve and who we are and respond. the line of fire and recovery. >> in moments, the now evidence that the killer may have had a specific target in mind. and a city's response in the face of tragedy becomes a point of national pride for all of us and celebrating boston strong. i am harris faulkner. down again. healthcare.gov that is linking americans to health care exchanges will go off line in a few hours from now. the site will be down for an extended fix. something that the website sorely needs. it is plagued since day one. you can count the number of successful enrollments on hand. and memos from the obama administration show that six people managed to sign up the first day the website went live. the administration is promising a tech surge will fix
in america. it speaks to my top priority as president, growing our economy, creating good jobs, strengthening security and opportunity for the middle class. over the past three and a half years, our businesses have created over 7.5 million new jobs. this week, the treasury confirmed that since i took office we have cut our deficit by more than half. but we have more work to do. we need to grow and create more good jobs faster. that is my driving focus, and i will go anywhere and do anything to make it happen. that has to be washington's driving focus as well. i know what you often hear out of washington can sadly charley brown's teacher, a jumble of unfocused noise out of touch with the things you care about. today i want to cut through that noise and talk plainly about what we should do right now to keep growing this economy and creating new jobs. it begins by ending what has done more than anything else to undermine our economy over the past few years, the constant cycle of manufactured crises and self-inflicted wounds. i was glad to hear the republican leaders in the senate say they will n
to be because the consumer confidence as far as the boating economy valued at $35 billion a year nationwide is as high as it has been since the great recession bottomed out for boat manufacturers in 2010. we are at the international boat show in fort lauderdale, largest boat show in the world and confidence is extremely high, lot of sales and deals will be happening this weekend. florida has 200 boat manufacturers, more than any other state and deep impact where they build three sizes of go fast boats, they tell me orders are so heavy if you order bonet now from them you can't get it delivered until into next year. demand is that good and their boats are called go best for a good reason. we went with them 72 miles an hour on biscayne bay which i highly recommend for anybody who has the opportunity. >> it is like business is booming, the excitement is that, people are getting confident about what is happening. two or three years ago wasn't happening. people like thinking of spending $400 on a boat, wasn't happening. >> or you can spend $40 million on a jumbo yacht made by westport on the pen
in the economy so their needs have not changed. they still see their hours suppressed, unemployment high and they still need this food assistance and they rely on map is for making sure their households have a nutritionally adequate diet. >> brown: that's part of the argument, right? one argue system a very large argument that's been going on for a long time. another one is the immediate what happened during the recession and things haven't recovered far lot of people. >> i think that's exactly right which is why we're not advocating back to prerecessionary spend bug the fact is we're spending about 50% more on aggregate welfare than we were when the recession began. it's a huge, huge increase and under obama's budget it's not scheduled to go down. the trillion dollars a year will go up to a trillion and a half. >> brown: why do you think the numbers have gone up so high in terms of the number of people? >> i think part of it is the economy. no one could deny that. there's serious rates of unemployment that continue but but this program is rife with fraud. it has an outreach to bring peo
, and the economy. without it, things simply can't exist. woman: we have good health in this country, in part, because we have clean water. and we shouldn't forget that, and we shouldn't take it for granted. melosi: in the late 19th century, serious waterborne disease epidemics were having devastating effects. roy: but then, in the early 1900s, we began to treat our water. and since then, we've seen a rapid decline in the incidence of waterborne disease. narrator: most cities treat drinking water through filtration, chlorination, and sometimes ozonation to kill pathogens in the source supply. these are complex treatment plants that cost millions of dollars to operate, but are necessary for our wellbeing. the treatment of drinking water has been called one of the greatest public health achievements of the last century. the water infrastructure itself protects the treated water until it comes out of our taps. it's been since 1911, since we had an outbreak of cholera or typhoid in the united states. but that doesn't mean that it can't happen. it can happen. if we aren't on our guard all the time
that, currently standing at $17.1 trillion which is over 100% of the size of our economy. during that same 2006 debt limit debate, then-senator biden said -- quote -- "my vote against the debt limit increase cannot change the fact that we have incurred this debt already and will no doubt incur more. it is a statement that i refuse to be associated with the policies that brought us to this point"-- unquote. that was then-senator biden. mr. president, things have certainly changed since 2006. now president obama and vice president joe biden preside over an administration that tells us that raising the debt limit is merely a matter of paying our bills and is a a reflection of decisions made in congress. yet while it is ostensibly true congress has the power to raise the debt limit, it is not true that congress makes spending decisions. unilaterally. with no role being played by the executive branch. no amount of spending can be enacted without the president signing it into law. in addition, the president submits a budget every year. the white house also issues policy statements and
includes possible loss of principal. dennis: peter: lori: starting the u.s. economy, hyperinflation is the answer, gerald driscoll's on the number one risk to the economy at the fomc kicks off its meeting. neil: below street is the source of strength for stumbling economy. housing, barbara corcoran joins us as august home prices at their strongest annual gain in seven years. lori: the not so jolly holiday shopping out look from analyst rick beamer as retail sales dropped for the first time in six months. adam: a risky bet for lloyd blankfein. an exclusive on what's the bank chief is quietly doing behind-the-scenes. adam: we are in rallying. lori: this head to the floor of the stock exchange to see what is cooking with nicole petallides. we have the s&p 500 hitting another record right now. >> if you are a bull out there, hoping for better and better return, the dow jones industrials up 93 points, covering 50 points away from all time highs, the nasdaq has turned back into the green and the s&p 500 another record day on wall street. traders as high as 1770 looking away from that. and
concerns the strong ism, good news for the economy, concerns the fed might start tapering as early as december. take a look at interest rate. the ten-year yield has been moving up the last several days. moving up again today as you saw, moved up around 1:00 as we heard news of the shooting. today the market much more defensive tone. you have utilities and health care stocks among the leaders. guys, back to you. >> thank you, bob. we'll be checking back. as we proceed on "closing bell" today. >> certainly an interesting day. we'll be following the developments out of l.a.x. the markets are about to close in about half an hour. with that much time to go, about 15,606 on the dow. the s&p up by just four points. >> much more on the shooting at l.a.x. as we continue our coverage for this friday. ♪ ♪ hey [ male announcer ] when we built the cadillac ats from the ground up, to be the world's best sports sedan... ♪ ...people noticed. ♪ something like a phenomenon, baby ♪ ♪ you're something like a phenomenon ♪ [ male announcer ] the cadillac ats, 2013 north american car of the
's father said he talked to his son last week, who complained about the state of the economy. he did not have a job. he's been living in los angeles for about a year. he got his driver's license nine months ago. boat state and local officials say they have no trouble from paul ciancia. they're at a loss to explain why a 23-year-old who apparently didn't fly much would be so angry at the tsa, alex. >> is this going to change tsa policy? it's my understanding the agents are not armed. >> they're not armed. we haven't heard from tsa about that. i doubt that it will. in most airports there are armed tsa. they come in close contact with members of the public. they don't want to have that image of somebody who is scary and potentially a threat. they don't have that kind of training as well. they've obviously been aware of this threat from the beginning. but i heard no discussion that they should change the training or they are considering it. >> lax terminal 3 is still closed. >> correct. >> do we know how long it will be closed for? >> no, we don't. i don't expect it will be closed long.
economy in the world and she's going to be the chief executive officer for that for heaven's sake. we must hold her accountable. >> yes, but if she were to be fired or step down, you'd have to have a replacement in place very quickly. and that replacement would have to go through hearings in the senate. and i mean, you republicans, you would make hay on that occasion, wouldn't you? that's why i say ms. sebelius is not going to resign and she's not going to be fired. >> first of all, stuart, how can we do any worse? secondly, if the president presented someone who was qualified, had credentials and perhaps came from the private sector, knew something about the marketplace, really understand about human behavior and why people buy insurance and why they don't. i think they would fly through the senate. stuart: that's a big "if" though, if the president nominated somebody who was market oriented. >> true. stuart: congressman, we appreciate you being with us. it's going to be a big week for you and i hope you tell us what happens when you question miss sebelius. always a pleasure. mcdonald's,
to focus on its instruct. therit's strength. there has been a lot of talk of what's wrong with the economy. spending $250 million in ten american universities to rebuild their chemistry departments. they're pointing out that there are 600,000 jobs going wanting right now in the country, jobs in technology and engineering and math, but they can't find people in america who can do them, so there needs to be more emphasis on getting americans ready for the jobs that are here to be had right now. >> randall, live in washington, and forgive me for the interruption. tomorrow could be a tough day for more than 23 million american households. those households rely on supplemental food aid, or what we refer to as food stamps, and they're going to see their aid cut. tom akerman went to the fourth county in the u.s. to talk about what could follow >> reporter: for two hours each week, this food charity is the busiest place in kentucky. the lowest of anywhere in the u.s., and the food bank is especially crowded to the end of each month, as government aid money runs low. single mother, rose pryor, work
in ransom money. a study by the u.n. and the world bank says the piracy cost the global economy $18 billion. pirates use the money to pay for crime, including human and weapons trafficking and funding militias. >> the immediate closure of a mine in a town after 92 people women and children died of thirst trying to cross the sahara desert. traffickers who transport people through niger will be severely punished. >> an unofficial referendum to decide the future of abeyei has done little to clarify the position of the region. sudan and south sudan has claims on the oil-rich territory. 99.4% of people - mainly from the ngok dinka tribe voted in favour of joining the south. a rival group boycotted the vote. the result is not recognised by either government. al jazeera's peter greste reports on the difficulties of running abeyei. >>. >> number four, you have recognition which is important. ... >> this is abeyei's new state government. a local committee meeting under a tree. these are the people who organised the unofficial referendum among the ngok dinka. they voted 99.9% to reject sudan, and ins
the budget, around the economy not producing enough jobs and increasing wages . i think the president will have to pivot back to the middle east. i think if these three big ones can continue to show improvement, i think he'll have a strong second term. i don't know that we'll see him be diminished in the public eye. >> how do you take control? >> well, i think this is wit onf those issues that the only thing that will make this better is competency not stubbornness. the president keeps articulating that he believes in the health reform plan, and unless they can get on top of it they're not going to be able to change that perception. >> there is a reality of promises made and promises broken. you served in two administrations, both president'presidentsbush. how do you keep promises kept. >> the first president obama never recovered from the no new tax pledge that was, in fact, broken. and the president president obama had a missed opportunity with the supreme court nominee, and then hurricane katrina did not work out in the way we would have wanted it to work out from a response perspe
to citizenship to get people out of the shadows and coming forward to be part of her solution on the economy, part of the solution on medicaid and social security. >> you mentioned you are a veteran yourself and you are looking at that component on getting those that served in the military on a pathway. what are you hearing from business leaders, people in the agriculture community and undocumented immigrants living in your california district? >> there has been a lot of uncertainty in california, everything from ag to labour force and high unemployment rates. we need to solve the issues with immigration reform. from an economic standpoint it's a trillion over the next two decades. we were here after the shutdown dealing with 17, 18 trillion of debt. this is something that can help us through that. on a local level we need to make sure we address immigration from an employment stand point. we have kids at school, into our colleges. we need a pathway for citizenship not only for the dreamers, but that we have gainful employment. >> what are the chances of your bill getting to the floor. we sa
of shopping space. it may be good for the economy but not the shops forced out because of the changes, don? >> reporter: anyone who shops here knows this is a great shopping mall. >> reporter: people are shopping taking little notice of the public hearing signs tied to the lampposts. more on the master plan that will see 300,000 square feet add to the shopping area. that is good news for shoppers. this couple comes here from danville. >> the variety of shops that are offered, the outdoor feel. >> neiman marcus, nordstrom, macy's, all of the above. >> reporter: making changes with new construction where 100 shops stand. the shops have to vacate by early next year according to the "times." one shop owner says he was surprised by a january 31st deadline to get out. >> the economy is getting better. so, i checked out a different type of spot. there will be some variety. it is all good. >> not good for the store. >> reporter: one store owner says they are moving ahead with the plans before getting approvals. a city spokesperson declined to comment. victoria secret already moved. it seems th
owner tells the business times she was surprised by a january 31st deadline to get out. >> the economy is right, the economy is getting better. checking out different top -- attracting different types of shoppers. some leave, some come. >> all good. >> unless you are a store owner. >> that is true. >> a store owner says they have been moving ahead with the plans before getting approvals. the city's spokesperson declined to comment. >> reporter: victoria secrets moved waiting in a space vacated by a small shop. they are on board to make the area the retail shopping center of the east bay but the luxury shopping center as well. within the span of 1 block, shoppers can find a neiman marcus, tiffaniya apple store and pottery barn. the pace it is moving suggests they know the approvals are coming. just a few weeks ago according to the times, an act, the water resource reform act gave walnut creek control of the colvert needed for the expansion. they offered the city of walnut creek $5 million in exchange for the development agreement that gives them 20 years to complete their plan,. >> rep
is the most regulated area virtually of the entire economy. in other words, you don't just get on the back of the truck and start selling insurance policies. they have to go through very rigid local, state regulations. so the president blaming insurance companies here, i think that really hurt him when he went there. >> i do think both of you are right in terms of the credibility problem. i don't think we see that yet in the data. the new kaiser poll released today, more americans want to keep or expand. or go back to the status quo we had before obama care. so the numbers actually don't add up yet. but this is a long time, right? unless they fix this in a short amount of time and people can experience it in a way that is positive, those numbers will go down. but here is another number. 97% of americans are unaffected by this disastrous roll-out. that's according to jonathan gruber, an m.i.t. economist. >> and barack obama. >> i understand. we've had gruber on here. these stories are awful. they don't really add up. >> that assumes you're not including the employer-based insurance. >> well
teaching entrepreneurship, it was a great economy. now everybody's excited about entreprene entrepreneurship that we started twentysome years ago. we are inundated every day by someone at some capacity calling us, wanting help in their exist businesses, wanting to start their business. >> jerome spends a great deal of time helping people realize their dreams. he has a special focus on helping people living in urban areas impacted by the vicious cycle of violence. he recalls how violence hit his family while living in detroit. his own son was among several teens that was shot while attending a fireworks celebration. >> that's the greatest shock you can ever get, that your son has been shot for no reason. >> jerome says the blood stained t-shirt that his son was wearing the night he got shot. >> i want to use this to stand up to tell parents to never think this isn't going to happen to them, that aren't doing anything, to go out and save our young people, that are looking to our young people, and i communicate to them this can happen to you. >> jerome and his wife launched the
out there. what would that mean for the u.s. economy? joining me now, stew varney host of "varney & company" on the fox business network. good morning to you. >> good morning, martha. martha: a lot of people have mixed reactions to the whole thing. some people said, well, you know what, if it is delayed that could be a good thing. >> that is the case. let's suppose we delay the individual mandate for one full year, put it off for a year, or even if we enhance and extend the enrollment period, any kind of delay will be taken as good news for the economy because people, employers will be more willing to hire. you take that extra burden of higher health care costs off america's middle class. so any hint of a delay, that is it what you're getting now is positive for the overall economy. by the way, martha, the stock market will open a little bit higher this morning, a little bit higher because of these hints of, a delay in obamacare, and because the weakness in the economy now means that janet yellen and federal reserve will keep on printing dollars. you have this extraordinary positi
to watch the data to make sure that the shutdown and the fiscal battles are not hurting the economy. one of our fed speakers today, president of the federal reserve bank of michigan who is an inflation hawk and opposes quantitative easing said that for him personally it looks like lever force conditions have improved significantly since the latest round of quantitative easing in september of last year. it sounds like you would support tapering as soon as the next meeting, which is in december. but his colleague, james bullard, president of the st. louis for reserve said, the fed also wants reassurance that any progress made in labor markets will stake. they feel that in the past and the reduced quantitative easing they pulled the plug to send and at least the second round which helped to slow down economic growth. now, we did see one important indicator released today, the institute for supply management survey of manufacturers much fun factory activity actually was up slightly in october put -- a decline in part about a concern about the shutdown but it looks like it has not had the fac
of the nation's airports were maintenance workers, marshals, and other security forces. america's economy had come to a screeching halt and congress was under pressure to get it moving again. for veteran republican pollster william mcinturff, the shock of septemberh caused historic shifts in american public opinion. right after the attack, 6 out of 10 americans said they were worried about flying. a month later, still almost a majority of americans said they were worried about flying. i think that people believed and the members of congress believed you had to take action to demonstrate something was being done to make sure that people could fly and be safe. our challenge was, is to say we've got to do something to get this economy going. now this is where public opinion played a serious role. poussaint: what was the best way to convince americans to get back on the plane in order to jump-start the economy? democrats wanted to make 28,000 airport screeners federal employees, with training and pay equal to law enforcement officers. republicans did not want any more federal employees. they want
what, people say, holy cow, this economy is so weak. they get scared. you know what they do when they're scared? >> sell, sell, sell. >> if we get a big number, taper talk will be thick and more sellers. if you're at all nervous about friday, a strong or weak number, you'll get -- >> sell, sell, sell. >> unless the number comes in goldilocks style, not too strong, not too weak. how about individual companies? money day is independent oil day. after the close we'll hear from anna darko and pioneer natural. you've heard these companies on our show. i think all three will raise production numbers. be aware oil plummeted. if crude goes $5 lower to $90, all stocks will get hit no matter what they say. that's the psychological barrier. if oil rallies on monday, i wouldn't be a buyer of any of them going in. tuesday we have controversial names. tesla and regenron. tesla say he would cold stock. if elon announces a europe, it will be a flash. regenron there's a lot about competitive products in the pipe. i even suggested to trim gilad, my favorite. i think you stay on the sidelines for regenr
economies. they did an enormous amount of work. they wanted millions of trees. i looked over into alabama across a great forest of trees that were 70 years old. they're planted in huge numbers. imagine the kind of wildlife that becomes. they did an enormous amount of work and when the war was here, there was ready to go fight. this was not what this was intended to do. there are a few statues. they built a lot of lodges and visitor centers. these are just beautiful. amount of landscapes of ccc. this is the park. they did the work in them. the civil works administration was short lived. it was to get the people through the winter. and it was under the administration of a remarkable social worker from iowa named hary hopkins. he was the forerunner of the wpa and the prototype for it. this is a page from the cw a and it showed kids getting hot lunches. that was important. he put 2 million americans to work. and that included about 50 thousand school teachers sent out to rural areas. this is a cw a project. that's stern grove behind it. they are using wheel barrels. for this reason, many proj
, having an economy with enough jobs for people where it can be stable, services on the health side is what it will take. homelessness has been an issue that is always a perennial issue that people are using in campaigns, what they are going to do to resolve the homeless issue. sometimes, i see them being scapegoat as the cause of a problem, but we need to think of it in a compassionate way, how we can provide real care that will help people turn their lives around. the success is how we are able to help people to make the changes in their lives where they can have housing, a job, independent living, where there are free of the services that we helped them to maintain that level of freedom. >> what about the challenges that you face in your district, the on met challenges? what about those issues? >> one of the biggest issues is jobs. young people finding work. i was just talking with the director of the department of children, youth, and families, talking about doing outreach to businesses to see how we can encourage some incentives to hire young people. that is a big issue. a lot of peopl
through employer, and that means that we are putting more downward pressure on the economy. gerri: okay. i want to show you a couple at the folks from kaiser. 80 percent of americans rate federal implementation of obamacare negatively. 80 percent. 80 percent say it is not going well. westwood. >> well, that means that only 20 percent of americans are diluted enough to think that things are going okay in spite of the obvious facts. damaging to the presidentelt damaging to the democrats. in the next election, the midterm election next year are likely to see an uphill struggle unless a miracle occurs and they solve their problems very, very quickly. gerri: more importantly a disaster for individual americans who might never thought they could get some good deal on the exchange. thank you for cing on. appreciate your time. >> thanks. gerri: but obamacare is dismal start is not going to stop the embattled health and human services sectary gates to from touting it. hitting the road again, this time in memphis, tennessee. >> reporter: good evening. hhs secretary kathleen sebelius and the obama ad
? ♪ as your life changes, fidelity is there for your personal economy, helping you readjust along the way, refocus as careers change and kids head off to college, and revisit your investments as retirement gets closer. wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. help the gulf when we made recover and learn the gulf, bp from what happened so we could be a better, safer energy company. i can tell you - safety is at the heart of everything we do. we've added cutting-edge technology, like a new deepwater well cap and a state-of-the-art monitoring center, where experts watch over all drilling activity twenty-four-seven. and we're sharing what we've learned, so we can all produce energy more safely. our commitment has never been stronger. that coffee breaks down tooth enamel. thankfully, she uses act restoring mouthwash. it rebuilds tooth enamel, making your teeth two times stronger. act. smile strong. >>> new york's controversial stop-and-frisk program resumes despite a new court ru
surprised almost everyone and kept pumping money into the economy, buying $85 billion a month in bonds. after the government shutdown and back-to-back economic data came out, most investors think the interest rates will be held down into next year. the fed will pour over three reports, the producer price index tells us about wholesale inflation. keeping inflation under control is one of the fed's key missions. we'll see how shoppers are feeling. retail sales numbers will tell us if people are out spending again. today, consumer confidence figures will let us know how secure shoppers feel. that makes these reports especially important, but one analyst says expectations are low. >> we know from census data that the average income of americans is roughly the same as it's been for the last couple of years, and incomes are in fact 8% below the levels of the last recession, so this is certainly a reason for consumers to be tight-fisted. >> futures are flat, traders waiting for those chick numbers and the fed's decision. stocks barely budged yesterday, investors appearing not wanting to do to
's decision shows the economy still needs support. the dow and s&p fell. the dow now stands at 15,600. the s&p is down a half% at about 1760. overseas, traders still trying to make sense out of it all, trying to figure out what the fed's decision means for them. european stocks are mostly lower right now and in asia, tocks are slumping, the nikkei down 1%, hong kong and shanghai in the red. if the fed indicating the economy is not showing improvement, one analyst says wall street could see a big time price drop. >> exuberance could take it higher, but the fact is the stock market is not being supported as a practical matter but fundamental matters, but by exuberance by investors. >> the dow and s and p are up about 20%. >> bank of america is trying to prepare investors for the worst. the bank is warning stockholders a u.s. attorney's office is encouraging the justice department to sue it for about bad mortgage investments. the company says new york's attorney general is suggests it's going to file suit against the evasive subsidiary merrill lynch. the bank is bracing itself, saying potential
% of americans in our poll last week who said they think the economy is poor and all of the gains in the market. >> about half of americans are not invested in the stock market, they feel it 100% through the jobs. that's what the disconnect is all about. for investors, for workers who have a 401(k) in their, at their company, wow. what a great year it's been. today you have a pullback from the records last week but i want to show you, poppy, how far we have come this year. these year-to-date numbers are really, really good. the dow is up 19% this year, the nasdaq up 31%. the s&p 500, now that is the average most likely to reflect the stock portion of your 401(k), up 2%. last week we had a terrific week for some tech stocks, many of these that i'm about to show you are household names, they are widely held stocks, we'll hear more from the tech companies this week, apple reports earnings after the bell. look at amazon, google up a fraction. look at the price of the shares, above $1,000 a share. microsoft up about 2%. it was a terrific week for stocks. no surprise for me this morning you have a pu
important than getting things right in washington. affordable care, we're talking about 1/5 of our economy. certainly there are other important issues and we're working on those. we're having to subpoena documents, get documents from contractors because the secretary and the president won't cooperate, yeah, it will occupy a lot of my birthday but it is worthwhile for the american people. jenna: we understand that you subpoenaed those documents from the health and human services secretary kathleen sebelius. we look forward to checking back in with you. thanks for spending part of your day with us. >> thank you, jenna. jon: for more on the political fallout on all this, i'm joined by monica crowley a familiar face here and fox news contribute to, author of the what the bleep just happened. with us simon rosenberg, former clinton advisor and president and founder of ndn. simon, what about it? six people on the first day, at least according to those notes from the rollout in the war room there? is this, do you fear this is going to be damaging to either your president or your party? >> no beca
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the economy, this amazing level of debt and deficit. max and penny kept our bookstore but as time passed, i stted to notice max just wasn't himself.e and i knew he'd feel better if heost a little weight. so i switched to purina cat ow healthy weight formula. i just fed the recommended amount... and they both loved the taste. after a few months max's "speal powers" returned... and i got my hero back. purina cat chow healthy weight. still running in the morning? yeah. getting your vegetables every day? when i can. [ bop ] [ male announcer ] could've had a v8. two full servings of vegetables for only 50 delicious calories. [ alarm sound for malfunctioning printer ] [ male announcer ] you've reached the age where you've learned a thing or two. [ metal clanks ] ♪ this is the age of knowing what you're made of. so why let erectile dysfunction get in your way? [ gears whirring ] talk to your doctor about viagra. 20 million men already have. ask your doctor if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressur
the economy to its knees, and we've determined through our thorough investigation that there were no crimes," i don't think there was a thorough investigation. >> well, you wrote the other day that the federal judges seem to be losing patience with the banks. how so? >> there were a couple of cases that i highlighted because i thought it did show a new direction, a new sort of aggressiveness. you know, a lot of these judges -- bankruptcy judges in particular who have to see the bank's treatment of homeowners who've filed personal bankruptcy, they seem to really be getting fed up with some of the tactics that these -- the hardball tactics that the bank's litigants, you know, are doing in their courtroom. they've had to witness so many cases of banks running roughshod over borrowers whether it's by the banks not producing the documentation that proves that they own the note underlying the property, whether they produced erroneous figures about what the borrower owed. i mean, they have just seen chapter and verse over the last five years of really bad behavior by these banks. and i think it's
and he was faced with the worst bush economy, the republicans vowed to oppose everything that he did. for two years, they were very busy voting to repeal obamacare 40 times. how many times did republicans vote for the american jobs bill? no. "we cannot leave this debt to our children and grandchildren." host: a question citing jobs as an issue. guest: jobs is always what everybody says they are doing. it is particularly amusing in the house. they say their number one issue is jobs. there are nicely designed pamphlets and flyers they hold up in press conferences. you could talk about the jobs created by this congress and it is not good. it is not their priority. there is a real disconnect. many polls show the americans want jobs. there has been so much fighting and so much ideological fighting over obamacare. we have had 42, 43 house votes now to repeal it, gut it, defund it. the process to create jobs has taken a side stage for now. host: the president has asked congress to pass the jobs bill several times. guest: a few weeks ago i was talking to senator lindsey graham, and he sort o
on the economy? we are looking at whether the aca helps or hurts? and rob earth samue samuelson hs to say in the washington post. whether the obamacare is creating disincentives for hiring workers. an drew you have looked at this what do you think. there are a lot of different opinions on what employers are doing. i can tell you what healthcare are doing. it's created a enormous amount of jocks. >> we are talking about 9 bigger picture here. we are talking about employers who don't want to go over the 50 employee threshold in order not to have to provide insurance. and ls putting people on fewer than 30 hours a week. >> there is data showing that is happening. it's whether people leave the work force because they don't need their jobs anymore. they don't need to be endentureed at a job that they don't like and they are only staying at because that is the only way to get health insurance. this liberated people to retire early or strike out on their own. even though that would be reflected on unemployment figures. that would be a good thing. >> your comment on this. >> i would caution pulli
, california is often considered one of the largest economies in the world. i think we're usually fifth of six largest in the world. so there's a lot of money in the state. a state senator sits in the upper house of the legislature. so, you know, there's quite a bit of influence, and just something to note is the region he represents i want to state's california senate district 30 is kind of known as the corruption corridor in southeast l.a., so you have cities like bell, which is infamous for corruption, huntington park, all of those cities have all been embroiled in corruption scandals in recent years. >> josh based on your sources and what you learned as your investigation evolved, did it seem apparent that this was an isolated incident, or that this may be more pervasive in the state legislature. >> from reading the affidavit and talking to the former head of the corruption desk in sacramento for more than 30 counties, it appears they were looking to broaden their investigation. that they were looking to look at ron calderon's connections, who he was communicating with to see if there were
the economy. the city hopes to turn it's unemployed into a dedicated force to along along the railroad over the next decade and beyond. you're looking at the first group of trainees in this program. many here have spent their lives working odd jobs, now they'll learn tools of the trade for a permanent career. >> i was out of work, raising my little daughters. i'm a single father, so this opportunity is exciting for me for the possibility. >> reporter: even though you wouldn't expect to welcome the project have put the greater good above personal interest. the printing business will make way for the tracks. >> my family is all here. we all grew up here. so i have a lot of fondness for the area. i would like to see it progress, though. this is an opportunity for us to do just that. >> reporter: but most residents remain skeptical. this is a conservative enclave in a generally were you state. people here distrust big government. >> we have labo other issues tht start with water. to go from thwart high speed rail. >> none of these projects, government projects are within budget. believe me this
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